Day: December 9, 2021
LOS ANGELES, Dec. 09, 2021 (GLOBE NEWSWIRE) — System1, owners of MapQuest, one of the original consumer mapping services, today announced that it has reached an agreement to acquire RoadWarrior, a subscription app focused on route planning for today’s ever-growing gig economy drivers. The acquisition will enable System1 to continue expanding the breadth of their subscription offerings, while delivering more robust route planning product features to MapQuest’s users.
“There are strong synergies between the RoadWarrior and MapQuest products,” said John Chipouras, General Manager at MapQuest. “In-market commercial route-planning tools currently fail to provide integrated navigation. The RoadWarrior acquisition will enable MapQuest to bring a custom navigation and route optimization experience within a single offering.”
RoadWarrior’s...
Electric Vehicle Industry to touch USD 957.42 billion by 2030, registering a CAGR of 24.51% – Report by Market Research Future (MRFR)
Written by Customer Service on . Posted in Mergers And Acquisitions.
New York, Dec. 09, 2021 (GLOBE NEWSWIRE) — Electric Vehicle Market Overview: According to a comprehensive research report by Market Research Future (MRFR), “Electric Vehicle Market Research Report, Technology, Vehicle Type and Region – Forecast till 2030”, the market is projected to be worth USD 957.42 billion by 2030, registering a CAGR of 24.51% during the forecast period (2022 – 2030). , The market was valued at USD 208.95 billion in 2021.
Market Research Future’s Review on Electric Vehicle Market
Several Factors Contributing to Market Growth
One of the most modern technologies, electric vehicles with the most up-to-date characteristics, is causing a rapid development in the automobile business. The government is actively supporting the electric vehicle market by enacting favorable rules and providing subsidies to...
Stryker declares a $0.695 per share quarterly dividend
Written by Customer Service on . Posted in Dividend Reports And Estimates.
Kalamazoo, Michigan, Dec. 09, 2021 (GLOBE NEWSWIRE) — Stryker (NYSE:SYK) announced that its Board of Directors has declared a quarterly dividend of $0.695 per share payable January 31, 2022 to shareholders of record at the close of business on December 31, 2021, representing an increase of 10.3% versus the prior year and previous quarter.
“Despite a challenging environment, we continue to deliver strong sales growth and drive solid financial results, and consistent with our stated capital allocation philosophy, we are raising our dividend 10.3%,” said Kevin Lobo, Chair and Chief Executive Officer.
Stryker is one of the world’s leading medical technology companies and, together with its customers, is driven to make healthcare better. The company offers innovative products and services in Orthopaedics, Medical and Surgical, and...
UMH PROPERTIES, INC. ENTERS INTO JOINT VENTURE AGREEMENT
Written by Customer Service on . Posted in Public Companies.
FREEHOLD, NJ, Dec. 09, 2021 (GLOBE NEWSWIRE) — UMH Properties, Inc. (NYSE: UMH) today announced that it has entered into a joint venture with Nuveen Real Estate, a TIAA company. The purpose of the joint venture is the greenfield development or acquisition of new manufactured housing communities with an initial capital commitment of up to $170 million. UMH will have a 40% stake in the Joint Venture and serve as the managing member and operating member of the joint venture. UMH will earn customary fees associated with property and asset management.
Samuel A. Landy, President and Chief Executive Officer, commented “UMH is excited to announce this partnership. We have long been advocates for the development of new communities and are pleased to have found a partner who understands and shares our vision. This joint venture gives us...
ManTech Wins $136 Million U.S. Marine Corps Warfighting Laboratory Contract to Advance Future Capabilities
Written by Customer Service on . Posted in Public Companies.
David Hathaway, Executive Vice President and General Manager of ManTech’s Defense Sector“Through our experience with and commitment to developing innovative capabilities that give U.S. Marine Corps forces a decisive advantage, ManTech is a trusted partner of this customer. Our sophisticated capabilities help ensure dominance in the air, space, on the sea and the ground, and in the fifth domain of cyber – now and in the future.”HERNDON, Va., Dec. 09, 2021 (GLOBE NEWSWIRE) — ManTech (Nasdaq: MANT) announced today that it has been awarded a $136 million contract to support science and technology research and development for the United States Marine Corps. ManTech was awarded this contract under the Department of Defense (DoD) Information Analysis Center’s (DoD IAC) Multiple Award Contract (MAC).
DoD IAC MAC task orders...
SIBANNAC, INC. AND LIFETIME BRANDING ENTER DEBT FORGIVENESS AGREEMENT
Written by Customer Service on . Posted in Public Companies.
Scottsdale, Arizona, Dec. 09, 2021 (GLOBE NEWSWIRE) — Sibannac, Inc. (OTC Pink: SNNC), a Nevada corporation (the “Company”), announced the following:
The Company is proud to announce its agreement with Lifetime Branding Collaborative, LLC to exchange Lifetime’s debt for equity, further strengthening the agency’s commitment to the wellness brand spearheaded by Eric Stoll.
Pursuant to the agreement, Lifetime is forgiving $400,000 in debt in exchange for two million (2,000,000) shares of the Company’s Preferred B stock. The transaction results in no immediate dilution to the common stock.
In addition, David Mersky, Sibannac’s CEO, will be forgiving a substantial amount of accrued compensation in exchange for equity. Upon Board approval a further announcement will be made providing details of the agreement.
“This deal with Lifetime...
Pacira BioSciences Announces Closing of $375 Million Five-Year Term Loan B
Written by Customer Service on . Posted in Public Companies.
— Provides additional operational and financial flexibility —
— Underscores strength of forecasted earnings and operating cash flow —
TAMPA, Fla., Dec. 09, 2021 (GLOBE NEWSWIRE) — Pacira BioSciences, Inc. (Nasdaq: PCRX), the industry leader in its commitment to non-opioid pain management and regenerative health solutions, today announced the closing of a $375 million Senior Secured Term Loan B Facility.
“We believe this successful debt offering provides further validation of the strength of our forecasted earnings and operating cash flow. This additional capital should accelerate our near-term growth and support our long-term strategic initiatives. We remain confident in our five-year plan to achieve robust revenue and earnings expansion,” said Charles Reinhart, chief financial officer of Pacira BioSciences....
Data443 Announces the Appointment of Nanuk Warman as Chief Financial Officer
Written by Customer Service on . Posted in Public Companies.
RESEARCH TRIANGLE PARK, NC, Dec. 09, 2021 (GLOBE NEWSWIRE) — Data443 Risk Mitigation, Inc. (“Data443” or the “Company”) (OTCPK: ATDS), a leading data security and privacy software company, today announced the appointment of Nanuk Warman as Chief Financial Officer.
Nanuk Warman, CPA, CMA, CFA, has over 23 years of experience in corporate accounting and finance, focused primarily on US and Canadian publicly listed companies across a diverse range of industries. Additionally, Mr. Warman has worked with the Company for almost three years as an independent consultant and has extensive knowledge of the Company’s financial history and business. Mr. Warman founded PubCo Reporting Solutions in 2010 and has significant experience dealing with complex financial reporting requirements under US GAAP and IFRS. His specialties include complex...
Reservoir Signs Publishing Deal With Pan-Continental, Instrumental Band Los Bitchos
Written by Customer Service on . Posted in Public Companies.
NEW YORK, Dec. 09, 2021 (GLOBE NEWSWIRE) — Reservoir Media, Inc. (NASDAQ: RSVR) (“Reservoir” or the “Company”), an award-winning independent music company, today announced a publishing deal with the pan-continental, instrumental band, Los Bitchos.
The London-based band is comprised of Serra Petale (guitar), Augustina Ruiz (keys), Josefine Jonsson (bass) and Nicola Crawshaw (drums). Hailing from all across the globe, each member contributes distinctive musical influences to the group’s self-named genre of “instrumental psychedelic sunshine Cumbia,” a folkloric genre and dance from Colombia. Los Bitchos have been capturing fans and impressing critics with their infectious sound, being dubbed by Ones to Watch as “the party band ready to set your heart ablaze.”
Los Bitchos’ latest single, “Good to Go” was released in November alongside...
Fatburger and Buffalo’s Express Makes Debut in Arkansas
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Iconic Co-Branded Burger and Wing Concept Expands Southern Presence
GREENBRIER, Ark., Dec. 09, 2021 (GLOBE NEWSWIRE) — FAT (Fresh. Authentic. Tasty.) Brands Inc., parent company of Fatburger, Buffalo’s Express, and 13 other restaurant concepts, announces the opening of a new co-branded Fatburger and Buffalo’s Express in Greenbrier, Ark.
“We’ve been eagerly awaiting the opening of the first Arkansas Fatburger and Buffalo’s Express since we finalized this deal in early 2021,” said FAT Brands CEO Andy Wiederhorn. “The new Fatburger and Buffalo’s Express locations in Alabama, Louisiana, and Texas have shown strong sales since they opened, which shows how the co-branded concept has quickly become a fan favorite in the South. We’re excited to bring our burgers, wings, shakes, and fries to a new state as we continue to grow the Fatburger...